ANAN targets 2018 revenue of Bt38bn, implying growth of 152%. It currently has backlog of Bt53.7bn, of which Bt30.62bn will be booked as revenue this year. It plans to launch 16 projects and expects to generate presales of Bt35.067bn. It is cooperating with its partner to launch four serviced apartments in March 2018. (Khao Hoon, 26/02/18)
Comment: The Ashton Asoke issue has been a massive hang over on this company
BEAUTY reported a five-year high 2017 revenue and earnings, the highest since listing on the SET. It reported revenue of Bt3.735bn, growing 45.98% with earnings at Bt1.229bn, growing by 87.39%. It announced a dividend on 2H17 of Bt0.258/share and has budgeted Bt120mn to add more branches and new distribution channels. (Thun Hoon, 26/02/18)
Comment: And they keep growing and growing and growing
CPALL announced a dividend of Bt1.10/share after reporting 2017 net profit at Bt20bn and revenue of Bt489bn, backed by higher sales and a better margin. It had 10,268 stores at the end of 2017. (Thun Hoon, 26/02/18)
Comment: Regardless of what brokers write, I am fairly convinced that CPALL is going to be a banking agent and make a small fortune. Plus they still have MAKRO that is now performing very well.
JAS announced a dividend of Bt0.2/share, XD on March 12. It reported 2017 net profit of Bt2.693bn, decreasing by 11.43%. However, the number of 3BB users has risen to 2.726mn at the end of 2017. It is going to issue 263.37mn ordinary shares to support the exercise of JAS-W3. (Khao Hoon, 26/02/18)
LIT expects 2018 earnings to continue to a new high and projects revenue at Bt503mn, growing by 20%. It expects new loans to reach Bt13bn and targets to maintain NPLs at 5%. It expects to move to the SET by 2020 from mai. (Khao Hoon, 26/02/18)
MINT targets earnings five-year (2018-2022) earnings growth of 15-20% p.a.. It expects hotel Revpar to grow 7-9% and expects food business SSS growth to be positive this year with a target of 2-3% annually for the next five years. It has set a five-year budget of Bt44bn, of which Bt34bn is to expand its existing business and Bt1bn to invest in new business. (Thun Hoon, 26/02/18)
Comment: It would be impressive if they could achieve this without acquisitions
PDI reported 2017 earnings of Bt905mn, growing 89% to a 10-year high. Revenue was Bt6.357bn, underwritten by rising steel and zinc price to more than US$3,200/ton and effective cost management. (Thun Hoon, 26/02/18)
Comment: Out of nowhere this sleepy company has awoken!
PRM targets 2018 earnings to grow by at least 10% backed by its plan to add nine ships to its fleet and efficient cost management. It announced a dividend of Bt0.10/share. (Thun Hoon, 26/02/18)
PTG raised its 2018 revenue target to Bt115bn from Bt110bn backed by a 20-25% increase in oil sales volume and growth in non-oil business. It is going to start operations of its palm complex on March 15. It has budgeted Bt4-5bn for business expansion and it is negotiating with its partner for an LPG business expansion plan, which it expects to finalize in 3Q18. It also expects to close the deal to acquire food and service businesses this year. (Khao Hoon, 26/02/18)
Comment: Thats a brave increase by the company despite the delay in palm oil complex.